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Gorilla Technology Takes Action: Addresses Concerns, Increases Buyback
GRRRGorilla(GRRR) ZACKS·2025-01-15 00:40

Shares of Gorilla Technology Group Inc. (GRRR) witnessed a 3.6% climb on Monday after a 30.4% drop last Friday. The company had to take several actions to address shareholder concerns and market volatility. These efforts were aimed at stabilizing market sentiment, strengthening investor trust and demonstrating the company’s long-term growth potential. It is to be seen how the investor community reacts to these clarification efforts.GRRR expanded its share buyback program from $6 million to $10 million, emph ...